5% for property management .. better try 10% That’s going to change things a lot Well Your getting about a hundred a door which is something I guess but you got close to 300 grand in this place .

Good evening BP Community,I am hoping someone has experience renting out properties south of Grand Rapids, Mi in Byron Center/Caledonia.

Grand Slam

Your neighbors are getting 5 grand a month on a 2 bedroom !

one of them went to  a new PM and sure enough the lady that lived there had 760 in hud and 40 co pay.. did not pay co pay and new PM evicted her.. well now you have a turn over of a few grand you had 3 months vacancy etc.. all over 40 bucks.. just foolish really. you got to know your market and how to work in it.in the portlandia market its pretty strong you can be a little more tough in that regard.. and a vacant unit usually wont get stripped or vandalized or have squatters move in.  

Also have to decide now if I want to spend a grand or so removing the tree. 

The land itself is valued at about $18,000 so the grand total is about $122,000.

It's not really a big expense in the grand scheme of landlording.

It’ll be worth the ten grand in just a few years .

Everything happens for a reason I suppose and in the grand scheme of things this may end up being a small blip on the radar